Latest situation. The Hong Kong economy improved visibly in the first quarter of 2023, led by the strong recovery of inbound tourism and domestic demand. According to the advance estimates, real GDP grew by 2.7% in the first quarter of 2023 over a year earlier, ending four consecutive quarters of declines. Gross domestic product is forecast to contract or expand in the range of -0.5% to 0.5% in 2022, down from a previous prediction of 1% to 2%, the government said Friday. Its second-quarter GDP. 
Hong Kong protest movement marks one year anniversary calling to the
The Government released today (May 13) the First Quarter Economic Report 2022, together with the revised figures on Gross Domestic Product (GDP) for the first quarter of 2022. Given the weakness of the 2Q numbers, we now see GDP shrinking 0.6% in 2022 -- worse than the 0.7% expansion we forecast earlier. The economy shrank in 2019 when the city was engulfed by political.
HONG KONG: Hong Kong's economy grew in the first quarter of 2023, the city's leader said Tuesday, ending a disastrous year-long spell in which the finance hub was effectively closed for. The official estimate for Hong Kong's GDP was $429 billion at the end of 2022 in puchasing power partity terms. World Economics has developed a database presenting GDP in Purchasing Power Parity terms with added estimates for the size of the informal economy and adjustments for out-of-date GDP base year data. World Economics estimates Hong Kong's GDP to be $488 billion - 14% larger than. 
Trung Qu c l n n v t n c ng b Teresa Cheng London
Hong Kong: GDP records sharpest contraction since Q3 2020 in Q1 2022. GDP declined 4.0% year on year in the first quarter, below the 4.7% expansion recorded in the fourth quarter of last year. Q1's reading marked the worst since Q3 2020. Hong Kong gdp for 2020 was $344.93B, a 4.99% decline from 2019. Hong Kong gdp for 2019 was $363.05B, a 0.37% increase from 2018. Hong Kong gdp for 2018 was $361.73B, a 5.99% increase from 2017. Download Historical Data. Save as Image.
Documents for Legislative Council Panels/Committees. 5 December 2022. Hong Kong's recent economic situation and near-term outlook (PDF) Hong Kong's latest overall economic situation (PDF) More on Documents for Legislative Council Panels/Committees. Hong Kong Reports Q1 GDP Growth After 2022 Contraction. Hong Kong's economy grew in the first quarter of 2023, the city's leader said Tuesday, ending a disastrous year-long spell in which the. 
The System is Broken The Relentless Climb of the Hong Kong Real Estate
www.scmp.com The Gross Domestic Product (GDP) in Hong Kong was worth 368.14 billion US dollars in 2021, according to official data from the World Bank. The GDP value of Hong Kong represents 0.16 percent of the world economy. GDP in Hong Kong averaged 120.34 USD Billion from 1960 until 2021, reaching an all time high of 368.14 USD Billion in 2021 and a record low of 1.32 USD Billion in 1960. This page.
The Hong Kong SAR economy is recovering strongly as ample policy space has allowed swift and bold policy responses to the unprecedented crisis resulting from multiple shocks, including the pandemic. Hong Kong's tax revenue dropped by HK$18.3 billion (US$2.3 billion) to HK$360.2 billion in the last financial year, with the drop blamed on a dampened mood in the property and stock markets. 
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The Government released today (November 11) the Third Quarter Economic Report 2022, together with the revised figures on Gross Domestic Product (GDP) for the third quarter of 2022.. The growth of the real gross domestic product in Hong Kong was forecast to continuously decrease between 2023 and 2028 by in total 0.8 percentage points. The growth is estimated to amount to 2.65.
